---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-288761"
form_type: "8-K"
ticker: null
cik: "0001494877"
company_name: "DIGITAL REALTY TRUST, L.P."
filed_at: "2026-06-29T21:25:42+00:00"
generated_at: "2026-06-29T21:28:27.240821+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Digital Realty to buy Blackstone's 64% stake in three Northern VA data centers for $3.5B

## Summary
- Total consideration $3.5B ($1.2B cash + $2.3B non-voting common stock at June 29, 2026 closing price).
- Three hyperscale data centers total 288 MW IT capacity in Northern Virginia, gross value $7.8B (incl. debt and remaining capex).
- 100% leased to three investment-grade hyperscale customers; 15-year leases with 3.6% annual rent escalators; expected stabilized cap rate >6.5%.
- Closing expected June 30, 2026; expected to be leverage neutral and accretive to Core FFO per share in 2027/2028.
- Also: purchased 1,440 acres near Kansas City for $377.6M and agreed to issue 3.4M shares for 16% of Teraco JV; sold 6.2M ATM shares for $1.2B.

## SEC filing metadata
- accession: 0001193125-26-288761
- form_type: 8-K
- cik: 0001494877
- company_name: DIGITAL REALTY TRUST, L.P.
- filed_at: 2026-06-29T21:25:42+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1494877/000119312526288761/0001193125-26-288761-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1297996/000119312526288761/d100507d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-288761
- JSON: https://secwatch.observer/filing/0001193125-26-288761.json
- Plain text: https://secwatch.observer/filing/0001193125-26-288761.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.